Definition of Tenant Occupied Square Footage


Tenant Occupied Square Footage means the total square footage of the Property occupied by tenants under any Space Lease as of the applicable time.

Examples of Tenant Occupied Square Footage in a sentence

Notwithstanding anything to the contrary, if Seller is unable to obtain the Required Tenant Estoppels as of the Closing Date, then to satisfy such condition, but for not more than fifteen percent (15%) of the Tenant Occupied Square Footage of the Property as of the Closing Date, Seller may (but shall not be obligated to) deliver certificates executed by Seller in the form attached as Exhibit E hereto (the "Seller Estoppels"), which shall be dated as of the Closing Date.